Indonesia Fails to Export
Its Way Out of Recession

JAKARTA, Indonesia -- Indonesia is still stuck in recession and is failing to export its way out, the latest trade data show.

Indonesian exports fell 0.6% in December from the previous month despite the rally in oil prices, indicating that economic recovery hasn't yet started. Also, although imports picked up slightly in December -- by 0.5% -- this could mainly be because of seasonal factors, such as consumption of goods increasing...